News

Employer Direct Healthcare secures $92M, boosting valuation to $1B

  • December 20, 2023
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Employer Direct Healthcare, a network company for employers who self-fund healthcare coverage, announced it garnered $92 million in secondary investment from Insight Partners, bringing its valuation to $1 billion.  Existing investors Redmile Group, Dundon Capital and Serent Capital will continue to receive ownership interest in the business.  The company also announced the hiring of numerous […]

NHS expands bowel cancer home testing to speed up diagnosis

  • December 20, 2023
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Hundreds of thousands more people will be sent a home-testing kit that can help to detect signs of Bowel cancer is the third most common type of cancer in England and early detection can significantly improve treatment outcomes. Around two out of 100 people who use the kit will require further testing. Since the FIT […]

China to set up shop in Mexico, and the US isn’t happy

  • December 20, 2023
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Photo by Ricky Esquivel on Pexels.com The Biden administration is worried about the “imminent wave” of Chinese battery factories being built in Mexico, which could further intensify the trade war between the US and China. Chinese companies MG, BYD, and Chery have all been scouting sites in Mexico and talking with officials, according to a […]

Tesla removes stock-based compensation this year, report says

  • December 20, 2023
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Tesla has reportedly decided not to give stock-based compensation to employees as part of their annual performance review. CEO Elon Musk has often claimed that Tesla has the best employee compensation in the auto industry and that’s because of its stock options. Just last month, Musk told a crowd at a New York Times conference: […]

What makes good procurement? The importance of data quality and transparency in NHS expenditure

  • December 20, 2023
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High-quality data is the bedrock of meaningful analysis and decision-making. It plays a pivotal role in enabling an effective understanding of financial expenditure within any NHS trust or integrated care system (ICS).   Without robust data quality, it becomes challenging to work out where resources are being utilised and whether they are being deployed optimally. Ensuring […]

Auto journalist’s Blazer EV road trip turns into a software nightmare

  • December 20, 2023
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I want to preface this story with a caveat: Lemons exist (and I don’t mean the fruit). Sometimes, you just get a bad car. And generally speaking, I have a very empathetic view toward the job of vehicle software engineers. The functions that customers expect their vehicles to perform have grown immensely in the past […]

World

Dean Phillips, an Upstart Challenger to Biden, Embraces ‘Medicare for All’

  • December 20, 2023
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As he mounts a long-shot primary challenge to President Biden, Representative Dean Phillips says he has had an epiphany about American health care policy. Gone is his yearslong skepticism about adopting a national single-payer health care system. Now Mr. Phillips, a moderate Democrat from Minnesota, is embracing the “Medicare for all” proposal championed in two […]